Description:
White Bonus is the money white people receive or save when racism works in their favor. In her new book, The White Bonus: Five Families and the Cash Value of Racism in America, Tracie McMillan asks a pressing question: If racism denies people of color so much, just how much does it give to white people in literal dollars and cents? McMillan uses her own story and those of five others, to quantify the cash value of whiteness. In doing so, she explains the internal logic of white middle-class resentment in a way that vitally connects to the 2024 political landscape. Join her and economist Darrick Hamilton, one of the country’s leading experts on federal wealth redistribution, as they discuss difficult truths about racism’s direct and indirect gains for white Americans, and the corresponding losses for all.